Real Estate in Boulder and Broomfield, Colorado

Archive for the ‘Mortgage Posts’ Category

The Mortgage Process: What you Need to Know

February 23rd, 2018 by Lynn Speidel

The Mortgage Process: What You Need to Know [INFOGRAPHIC] Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how […]

Should I Wait Until Next Year to Buy? It Will Cost You.

February 16th, 2018 by Lynn Speidel

Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC] Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by 2019. […]

Calm Down! The Real Estate Market is NOT Falling Apart

February 15th, 2018 by Lynn Speidel

Calm Down! The Real Estate Market is NOT Falling Apart There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments together and create an almost ‘Armageddon’ scenario where everything loses value quickly and dramatically. Real […]

Which Comes First…Marriage or Mortgage?

February 14th, 2018 by Lynn Speidel

Which Comes First… Marriage or Mortgage? According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a […]

Millionaire to Millennials: Says Don’t Rent a Home…Buy!

February 13th, 2018 by Lynn Speidel

Millionaire to Millennials: Don’t Rent a Home… Buy! In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went […]

Stock Market Plunge: Is Real Estate Safe?

February 9th, 2018 by Lynn Speidel

Stock Market Plunge: Is Real Estate Safe? By Liz Dominguez Share This Post Now! Is the stock market crashing? The short answer: no—the Dow is just a little bumpy right now. Monday’s Wall Street frenzy had people from all over the world fearing that a U.S. real estate bubble might be the culprit after the […]

2018 Forecast for Real Estate

December 1st, 2017 by Lynn Speidel

2018 Forecast: Is Inventory Relief on the Way? By Suzanne De Vita Share This Post Now! Ask the 60-some percent of brokers in RISMedia’s 2017 Power Broker Survey: Almost every housing market is plagued by short supply. In fact, inventory nationally for pre-owned properties is at 3.9 months, down 10.4 percent from last year, the […]

Is It Getting Too Easy to Get a Mortgage?

November 22nd, 2017 by Lynn Speidel

Bubble Alert! Is it Getting Too Easy to Get a Mortgage? There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, […]

Home Prices to Maintain Fast Growth Because of Low Inventory

November 6th, 2017 by Lynn Speidel

Low Inventory Causes Home Prices to Maintain Fast Growth The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last […]

Thinking About Buying? Know Your Credit Score

November 1st, 2017 by Lynn Speidel

Thinking About Buying? Know Your Credit Score Knowing your credit score or getting a recent copy of your credit report is one of the first steps that you can take toward knowing how ready you are to start the home buying process. Make sure all the information listed on your report is accurate and work […]